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Pope Leo XIV is leading a revitalized campaign to boost donations for Peter's Pence, a fund supporting Vatican's operations ...
The Holy See continues to face financial challenges, with recent annual deficits estimated between $80 billion and $90 billion. Its income in 2024 was estimated about $1.25 billion, with expenses ...
The Vatican on Wednesday unveiled a fundraising video centred on newly elected Pope Leo, urging the faithful to support his ...
The next Pope, meanwhile, will face a host of financial challenges as Francis’ reforms remain unfinished. There is still infighting between divisions inside the Holy See, and not all the Vatican ...
Pope Leo XIV celebrated the Feast of Saints Peter and Paul, launching a new fundraising campaign to tackle the Vatican's ...
One of the greatest challenges facing Pope Leo XIV is financial VATICAN CITY -- As a bishop in Peru, Robert Prevost was often on the lookout for used cars that he could buy cheap and fix up himself ...
The Catholic Church’s financial deficit only grew under Francis, and mere months before he died, Francis warned in a letter that the Vatican’s pension fund was in serious trouble and would ...
Pope Leo XIV addresses the crowd at St. Peter's Basilica for the first time on May 8, 2025. TIZIANA FABI/AFP via Getty Images What To Know. Francis in February established a new commission to ...
As America's Pope Leo XIV begins his reign at the head of the world's smallest country, this Catholic sovereign city-state's financial and economic challenges wait to be addressed. It may take more ...
The Vatican has been embroiled in other financial scandals as well. The most notorious was the 1982 collapse of Banco Ambrosiano, Italy’s largest private bank at the time, which caused the ...
The Vatican's financial watchdog, ASIF, has reported progress in its oversight role, with 79 suspicious activity reports received in 2024, a significant 36% decrease from the 123 reports in 2023.